Large Inflow of Money Witnessed
Large Inflow of Money Witnessed Welcome to a Laptop AC Adapter specialist of the Sony Ac Adapter
Shares of Mellanox Technologies, Ltd. (NASDAQ:MLNX) saw an erosion of -0.01 points in recent session. During the trading, the value of each share was $47.1, dropping -0.02%. The shares saw high fund-flow as the composite value of all the upticks was $4.06 million and the total value of all the downticks was a mere $3.54 million. The net money flow was seen at $0.52 million and the up/down ratio was measured at 1.15. On a weekly basis the shares of the shares have recorded a change of -0.02%.
Currently the company Insiders own 7.18% of Mellanox Technologies, Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.2% . Institutional Investors own 63.06% of Mellanox Technologies with adapter like Gateway ADP-50GB AC adapter, Gateway P6318 AC adapter, Gateway T-6829 AC adapter, Gateway T-1630 AC adapter, eMachines M5410 AC adapter, Gateway 9500 AC adapter, Gateway MX6961 AC adapter, Gateway NX860 AC adapter, Gateway S7500 AC adapter, Gateway Solo 5100 AC adapter, Gateway Tablet M1300 AC adapter, Gateway MA3 AC adapter, Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -4.7%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged that Kagan Michael, officer (CTO & VP of Architecture) of Mellanox Technologies, Ltd., had unloaded 2,000 shares at an average price of $47.53 in a transaction dated on October 28, 2015. The total value of the transaction was worth $95,060.
The company shares have rallied 4.39% from its 1 Year high price. On Jun 18, 2015, the shares registered one year high at $52.77 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $43.04 and the 200 Day Moving Average price is recorded at $45.51.
Shares of Mellanox Technologies, Ltd. (NASDAQ:MLNX) ended Monday session in red amid volatile trading. The shares closed down 0.31 points or 0.66% at $46.8 with 570,525 shares getting traded. Post opening the session at $47.18, the shares hit an intraday low of $46.68 and an intraday high of $47.29 and the price vacillated in this range throughout the day. The company has a market cap of $2,171 million and the number of outstanding shares have been calculated to be 46,397,840 shares. The 52-week high of Mellanox Technologies, Ltd. (NASDAQ:MLNX) is $52.7699 and the 52-week low is $32.24.
Mellanox Technologies, Ltd. (Mellanox) is a fabless semiconductor company that produces and supplies high-performance interconnects products that facilitate efficient data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. The Companys end-to-end solutions, including adapter, gateway and switch, integrated circuits (IC), adapter cards, switch systems, long-haul systems, gateway systems, software, services, cables and modules are an integral part of a total interconnect solution focused on compute, storage and communication applications used in multiple markets, including high-performance computing, or HPC, Web 2.0, storage, financial services, database, cloud and embedded. The Company measures its business based on one reportable segment: the development, manufacturing, marketing and sales of interconnect semiconductor products. In February 2014, it formed Mellanox Capital.
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